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NEW DELHI: Oil firms have reduced the price of 19 kg commercial LPG cylinders by Rs 41, effective from Tuesday.

Oil prices fell slightly on Monday even after U.S. President Trump warned of secondary tariffs on buyers of Russian oil. Brent crude and U.S. West Texas Intermediate crude prices both declined. Analysts believe Trump may not follow through with his threats, which would impact global growth and demand for oil. The OPEC+ group plans to increase oil production in April.

Russia has been India's top oil import source during April-December 2024, according to data released by the Ministry of Commerce and Industry.

Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by Rs 41, effective April 1, 2025

Tariffs on buyers of oil from Russia, the world's second largest oil exporter, would disrupt global supply and hurt Moscow's biggest customers, China and India.

LPG Price cut: Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by Rs 41, effective April 1, 2025. In Delhi, the new price is Rs 1,762. This follows a Rs 6 hike in March after a Rs 7 reduction in February. Businesses such as hotels and restaurants are affected by these fluctuations. Domestic LPG prices remain unchanged.

Petrol, Diesel Price On March 31: Check City-Wise Rates Across India Including In Delhi, Mumbai And Lucknow

By Scott DiSavino (Reuters) - Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more

By Scott DiSavino (Reuters) - Oil prices climbed about 1% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more

By Arunima Kumar and Robert Harvey (Reuters) - Oil edged up on Monday, with investors cautious after U.S. President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and